Schedule of Charges

Product wise Interest Rate

The current ROI offered are as mentioned in the table below.

Interest for the month will be charged on the due date as mentioned in the loan  agreement.

Change in variable Interest Rate

In the event of a change in Base Rate, the interest rate on your loan will be reset on the monthly or as and when required.

(HL & LAP)

Rs. 1,000/-only (Plus GST). This amount is payable alongwith the submission of complete application form and other relevant document required to ascertain your eligibility. This is a non- refundable amount and is collected upfront irrespective whether your loan has been sanctioned or rejected. 

Administrative and Operational Costs – At the time Disbursal **

Partial Prepayment / Pre-closure Charges.

(on Floating Rate of Interest) **

                            Home Loan

                        Non-Home Loan

1. NIL- In case property is in the 

name of Individual;

1. In case property is name of 

Non-Individual entity, it will be 

considered as business purpose loan 

and a charge of 2% to 5% of Principal

 paid + GST will be applicable

1. 2% to 5% of principal prepaid + GST

– If property is in the name of Individual & Purpose is non housing/business

b. In case property is name of non- individual entity, it will be considered as business purpose loan and a charge of 2% to 5% of principal paid + GST will be applicable

Partial Prepayment / Preclosure Charges.

(on Fixed Rate of Interest) **

1. 2% to 5% of Principal prepaid + GST

1. 2% to 5% of Principal prepaid + GST

Duplicate Statement of Account      (per SOA)

  Rs. 250 only + GST

Swapping Charges of (Cheque/ ECS/ ACH/)

Rs. 500 only + GST

Duplicate Interest Certificate

Rs. 250 only + GST

Copy of property documents

Rs. 500 only + GST

Cheque/ ECS/ NACH/ SI bounce charges

Rs. 500 only would be levied for each Cheque/ ECS/ NACH/ SI bounce charges + GST

Non Availability of PDC’s / NACH / ECS 

Rs. 500 only + GST

Cersai Charges

Rs. 50 + Applicable GST if loan amount upto Rs. 5 Lakhs and Rs.100 + Applicable GST if loan amount above Rs. 5 Lakhs

Late Payment Interest

3% per month on delayed installment (Pre-EMI’s / EMI’s)

Collection of Notice Re-call Letter

Rs. 250 per reminder letter, Legal Notice charges as per actual and legal proceeding as per actual

Collection Visit Charge

Rs. 500 only + GST (Per Visit)

Loan Cancellation Charges

Rs. 5000 only + GST

Property Swapping Charge

Rs. 3000 only + GST

Foreclosure Letter & Statement Charges

Rs. 500 only + GST

  List of Documents (LOD)

Rs. 250 only + GST

Custodial Fee for Property        Documents in Closed Loans

Rs. 500 per month (post 60 Days from Loan Closure Date) + GST

Duplicate No Dues Certificate

Rs. 250 only + GST

Valuation fee in Construction Linked Loan Cases

Valuation Fee 3,000/- + GST, Subsequent visits: Rs 1,000 + GST

Valuation fee for property Revisit

Rs 1500 only + GST

Re Valuation Charge for NPA Cases

Rs 3500 + GST

Legal Opinion & Search Charges

As per actual or Rs. 3,500/-  (whichever is higher)

Additional Search Charges*

* to be charged in case of delayed disbursement

Up to 1000/-* + GST

* depends on the SRO

Insurance Charges (Life / Non-Life)

As per actual